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Re: Market_Fest4 post# 17141

Wednesday, 05/14/2008 9:44:52 PM

Wednesday, May 14, 2008 9:44:52 PM

Post# of 57993
Greer discovered that AMPA modulators could impact RD via the Pre-Botzinger complex, and thus patented the use of AMPA modulation for that purpose. Cortex owns CX717, but would not be able to market it for the RD use without a license from U.Alberta. They now have both the molecule, and an exclusive license for the RD use. I recall a small upfront payment ($250K?), I'm sure there will be milestones and small (typically 2-3%) royalties.

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